CTBC Securities Review: Is This Taiwan Broker Safe for Forex?
Read our CTBC Securities review to learn about its regulation, login process, and Forex trading services. Find out if CTBC Securities is the right broker for you.
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Abstract:Valbury (also known by its Chinese name 富利) is an Indonesian-based brokerage established in 2011. With over a decade of history in the financial markets, the company has established a presence primarily in Indonesia and the United States. While the broker offers digital account opening and utilizes the popular MT4 platform, its regulatory status is mixed, leading to a WikiFX Score of **6.0/10**.

Valbury (also known by its Chinese name 富利) is an Indonesian-based brokerage established in 2011. With over a decade of history in the financial markets, the company has established a presence primarily in Indonesia and the United States. While the broker offers digital account opening and utilizes the popular MT4 platform, its regulatory status is mixed, leading to a WikiFX Score of 6.0/10.
This review analyzes Valbury's safety, trading conditions, and recent user complaints to help you determine if this broker fits your trading needs.
The most critical factor in choosing a forex broker is regulatory oversight. Valbury currently operates under a mix of active and revoked licenses, which requires careful consideration by potential traders.
According to the available regulatory data, Valbury is actively regulated by Indonesian financial authorities but has lost its status with a major Tier-1 regulator in the UK.
| Regulator | Country | License Status | License No. |
|---|---|---|---|
| BAPPEBTI (Commodity Futures Trading Regulatory Agency) | Indonesia | Regulated | 184/BAPPEBTI/SI/II/2003 |
| JFX (Jakarta Futures Exchange) | Indonesia | Regulated | SPAB-046/BBJ/06/02 |
| FCA (Financial Conduct Authority) | United Kingdom | Revoked | 540418 |
Valbury holds valid licenses from BAPPEBTI and JFX, indicating it operates legally within the Indonesian jurisdiction. This provides a level of security for traders specifically within that region. However, the revocation of its license from the UK Financial Conduct Authority (FCA) is a significant red flag for international clients, as the FCA is considered one of the strictest and most protective regulators globally. The broker is no longer authorized to operate under the FCA supervision associated with license number 540418.
Valbury provides traders with access to the financial markets through a variety of account types and platforms.
Valbury offers three distinct account structures, all of which offer high leverage up to 1:500. This leverage offering is high compared to European standards but common in the Asian market. The accounts are designed to accommodate different trading needs:
All three accounts allow for scalping, Electronic Advisors (EA), and locking positions. The data indicates the minimum cash requirement is “0.01” (likely referring to micro-lot capability or a specific unit, though exact currency values are not specified).
The broker employs a “Main Label” MT4 (MetaTrader 4) solution, alongside a self-developed proprietary platform.
While a broker's history and conditions are important, user feedback often reveals the reality of day-to-day operations. Valbury has faced specific complaints regarding system access and fund management.
1. Deposit Freezes and Liquidation Risks
An investor from Australia reported a concerning issue where deposits and withdrawals were allegedly frozen during a press release period. The user warned that this practice is deceptive and risky, as delayed deposits during high-volatility events can lead to account liquidation.
2. Two-Week Login Lockout
A user from Pakistan reported being unable to access their account for two weeks. The complaint detailed a failure in the Two-Factor Authentication (2FA) system, where the application locked the user out and failed to send the necessary text message verification codes.
Valbury offers support in English and Chinese (Simplified). The broker maintains a relatively broad channel for communication, though response times can be slow.
Pros:
Cons:
Valbury presents a split image in the forex industry. For traders located in Indonesia, the broker appears to be a legitimate entity operating under valid local regulations (BAPPEBTI and JFX). The availability of MT4 and high leverage accounts may appeal to local traders.
However, for international traders, the safety profile is compromised by the revocation of its UK FCA license. Furthermore, recent user complaints regarding login failures and frozen deposits suggest potential stability issues that cannot be ignored. The WikiFX Score of 6.0 reflects a broker that is established but carries moderate risks.
Protect your capital: Before depositing, check the latest regulatory status and reviews on the WikiFX App, which serves as your ultimate safety tool in the forex market.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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